- Sterne Agee thinks the 2% comp sales mark for J.C. Penney (JCP -5.8%) in Q4 isn't quite high enough. The firm warns a cash infusion might be necessary by J.C. Penney to pay the bills.
- Goldman Sachs also cautioned on the results, saying that with inventory building up faster than sales "aggressive right-sizing" of the business might occur.
- Deutsche Bank crunches the numbers to forecast JCP saw same-store sales slide 4% in January. Though weather was a factor, the retailer doesn't have the flexibility to outlive poor traffic months.
From other sites
at Investopedia (Thu, 10:14AM)
at Investopedia (Apr 9, 2015)
at 4-traders.com (Mar 24, 2015)
at Benzinga.com (Feb 27, 2015)
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